Exhibit 99.5
FOUR SEASONS HOTELS INC. SCHEDULED OPENING OF PROPERTIES UNDER CONSTRUCTION OR IN ADVANCED STAGES OF DEVELOPMENT Approximate Hotel/Resort/Residence Club and Location(1) (2) Number of Rooms Scheduled 2006/2007 openings ---------------------------- Four Seasons Hotel Alexandria, Egypt 125 Four Seasons Hotel Florence, Italy 120 Four Seasons Hotel Istanbul at the Bosphorus, Turkey 170 Four Seasons Resort Koh Samui, Thailand(x) 60 Four Seasons Resort Lana'i at Koele, Hawaii, USA(3) 100 Four Seasons Hotel Mumbai, India(x) 230 Four Seasons Hotel Westlake Village, California, USA 270 Beyond 2007 ----------- Four Seasons Hotel Bahrain, Bahrain 270 Four Seasons Hotel Baltimore, Maryland, USA(x) 200 Four Seasons Resort Barbados, Barbados(x) 120 Four Seasons Hotel Beijing, People's Republic of China 325 Four Seasons Hotel Beirut, Lebanon 235 Four Seasons Resort Bora Bora, French Polynesia 105 Four Seasons Resort Cham Island, Vietnam 100 Four Seasons Hotel Doha at the Pearl, Qatar(x) 250 Four Seasons Hotel Dubai, United Arab Emirates(x) 375 Four Seasons Hotel Hangzhou, People's Republic of China(x) 100 Four Seasons Hotel Kuala Lumpur, Malaysia(x) 140 Four Seasons Hotel Kuwait, Kuwait 300 Four Seasons Hotel Macau, Special Administrative Region of the People's Republic of China(x) 370 Four Seasons Hotel Marrakech, Morocco(x) 140 Four Seasons Resort Mauritius, Republic of Mauritius(x) 120 Four Seasons Hotel Moscow, Russia(x) 185 Four Seasons Hotel Moscow Kamenny Island, Russia(x) 80 Four Seasons Hotel New Orleans, Louisiana, USA(x) 240 Four Seasons Resort Puerto Rico, Puerto Rico(x) 250 Four Seasons Hotel Seattle, Washington, USA(x) 150 Four Seasons Resort Seychelles, Seychelles(x) 65 Four Seasons Hotel Shanghai at Pudong, People's Republic of China(x) 190 Four Seasons Hotel St. Petersburg, Russia 200 Four Seasons Hotel Taipei, Taiwan(x) 275 Four Seasons Hotel Toronto, Ontario, Canada(x) 265 Four Seasons Resort Vail, Colorado, USA(x) 120 (x) Expected to include a residential component. ------------------------------------------------- (1) Information concerning hotels, resorts and residential projects under construction or under development is based upon agreements and letters of intent and may be subject to change prior to the completion of the project. The dates of scheduled openings have been estimated by management based upon information provided by the various developers. There can be no assurance that the date of scheduled opening will be achieved or that these projects will be completed. In particular, in the case where a property is scheduled to open near the end of a year, there is a greater possibility that the year of opening could be changed. The process and risks associated with the management of new properties are dealt with in greater detail in our 2005 Annual Report. (2) We have made an investment in Orlando, in which we expect to include a Four Seasons Residence Club and/or a Four Seasons branded residential component. The financing for this project has not yet been completed and therefore a scheduled opening date cannot be established at this time. (3) The Lodge at Koele is currently managed by Four Seasons and is expected to be rebranded as Four Seasons Resort Lana'i at Koele in 2006 when the necessary renovations are completed.
